1 Woolworths Way NSO, Bella Vista, NSW
DESCRIPTION
Located 20 km north-west of the Sydney CBD within the Norwest Business Park, this corporate campus has a total net lettable area of over 44,000 sqm and includes retail units, cafes, sports facilities and an auditorium. The property has surplus land for future development allowing expansion for Woolworths.
| SUMMARY INFORMATION | |
|---|
| GRADE | A Grade |
| OWNERSHIP | 100% MPT |
| NLA | 44,828 sqm |
| CARSPACES | 2,341 |
| ACQUISITION DATE | Aug 10 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $250.7m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 7.75% |
| DISCOUNT RATE | 9.25% |
| GROSS OFFICE RENT | $443/sqm |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| WOOLWORTHS | 44,828 | Oct 20 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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